BHP loses appeal to multibillion lawsuit over Samarco disaster The lawsuit by 200,000 Brazilians over the deadly dam failure in 2015 alleges the miner ignored safety warnings. Cecilia Jamasmie | July 8, 2022 | 3:44 am
Labrador Gold’s shares gain on best grades cut at Kingsway to date The company reports drilling intersected 284.1 grams per tonne of gold over 0.58 metres from 309.47 metres depth. Henry Lazenby | July 7, 2022 | 3:38 pm
Mine fatality adds to pressure for Suncor Energy changes A series of accidents have shaken confidence in Canada’s biggest oil-sands producer and led to calls for changes in management. Bloomberg News | July 7, 2022 | 2:51 pm
Teck makes senior vice president appointments Jeff Hanman has been named SVP, Sustainability and External Affairs and Tyler Mitchelson SVP, Copper Growth. Staff Writer | July 7, 2022 | 2:18 pm
Codelco to start construction on desalination plant this year Long-delayed $1 billion plant to supply its largest operations in northern Chile. Reuters | July 7, 2022 | 2:04 pm
Marex nears $235 million deal for bulk of ED&F Man brokerage The deal would cement its position as one of London’s largest commodities dealers. Bloomberg News | July 7, 2022 | 1:24 pm
Illegal gold mining in Amazon equivalent to half of Brazil’s production — report According to Instituto Escolhas, there has been a seven-fold rise in deforestation caused by mining in the Amazon over the last seven years. Bruno Venditti | July 7, 2022 | 11:06 am
Gold to remain relevant as hedging asset in H2 despite headwinds — report Despite headwinds created by rising interest rates, the strategic and tactical role of gold will likely remain relevant to investors during the second half of 2022, WGC says. Staff Writer | July 7, 2022 | 10:46 am
Volkswagen breaks ground on $20 billion battery unit’s first cell plant The Salzgitter venture is one of six battery plants VW has planned for Europe. Bloomberg News | July 7, 2022 | 10:01 am
